Community foundations are charitable organizations which primarily manage and operate the permanent collection of endowed funds, the earnings of which are used for the long-term benefit of a geographically defined community, in perpetuity. Community foundation endowment funds will provide grants to non-profit societies for community and social enhancement within the community area.
The establishment of each of the Fraser-Fort George Endowment Funds was a result of five electoral areas (A, C, E, F, and G) participating in Northern Development Initiative Trust’s Community Foundation Matching Grant Program which provided $50,000 from a regional development account in matched funding to assist with the establishment of a dedicated endowment. The matching funding came from each electoral area’s Community Grants-In-Aid budget. The Prince George Community Foundation has facilitated the establishment of the funds and manages the investment of the permanent funds. Donations of charitable gifts will be invested in these permanent trust funds. It is the investment income generated from the permanent funds that allow an opportunity for community groups or organizations in the electoral areas to apply for grant funds to support eligible projects.
The Grants Committee for the Fraser-Fort George Endowment Funds is accepting grant applications for the: